All MCA Insight articles in April 2024 – Page 6
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News
New Brexit checks will cause food shortages in UK, importers warn
Rules due to come in this month will impose new handling fees – and experts say small suppliers are already being driven away
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News
Squatters take over Gordon Ramsay hotel and pub in London
At least six people locked themselves in the Grade II-listed York and Albany next to Regent’s Park
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News
Popeyes appoints director of acquisitions and estates
Peter Gibson, formerly of Chicken Shop, Flat Iron, and Nando’s, joins the fried chicken chain as it looks to double its estate this year
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News
Busaba continues to explore expansion opportunities
The Alan Yau-founded Thai restaurant group reported a 2% decline in like-for-like sales, but continues to look at opportunities “closer to London”
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News
Hospitality Rising pauses campaign
Founder Mark McCulloch said the recruitment initiative would need a 5-10 year continuous national advertising campaign costing c£1m+ per year
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News
Tasty reveals 14 site closures
The business will shut 13 Wildwood restaurants and one Dim T as part of its restructuring plan, which will see it exit 20 loss-making sites in total
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News
Wingstop extends exclusive partnership with Deliveroo
The chain will continue to be exclusively available to Deliveroo customers in 15 cities, with 30% of its revenue coming from delivery
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News
Big Fang Collective plans three new multiconcept venues
The Imbiba-backed group has planned launches in Bristol, Nottingham and London for later this year, marking its debut in the capital with a 30,000 sq ft space in Waterloo
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News
Interactive dining and cultural exploration among concepts to watch
Operators are embracing multifunctional spaces that offer more than just dining, whilst a number of new openings offer authentic culinary experiences, according to Lumina Intelligence
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News
Caravan focuses expansion outside of London
The group reported a strong trading performance, with growth in both transaction volumes and spend, as it prepares to open a new site in Manchester
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News
Openings of the week
MCA rounds up the week’s biggest openings stories, including McMullen’s, Six by Nico, Heartwood Collection and Comptoir Libanais
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Opinion
The race for Scope 3 outcomes
David Read, chairman of Prestige Purchasing, argues that hospitality operators need to get up close with farming if they are to hit their sustainability goals
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News
Revolution brands remain ‘well positioned’
The pub and bar group has reiterated that its Revolucion de Cuba, Founders & Co, and Peach Pubs concepts continue to trade well, with group like-for-like sales demonstrating an improving trend as it announces a restructuring plan
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News
Punch acquires three Leicestershire pubs
The Dog & Gun in Syston, the White Bear in Hinckley and the Horse & Trumpet in Sileby will join Punch’s Leased and Tenanted estate, which is made up of more than 900 pubs
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Analysis & Insight
Hospitality visit frequency grows for first time in six months
The eating out market has been bolstered by a drop in inflation and national insurance, as well as rising consumer confidence
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News
Crosstown seeks new investment
The doughnut brand has appointed M&A specialists from Interpath Advisory to advise the business through the investment process
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Event News
Snowfox Group boss Richard Hodgson to headline Omnichannel Conference
Supported by MCA, The Grocer and Restaurant, the Omnichannel Conference offers a unique perspective on how hospitality, retail and FMCG brands can learn from one another
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News
Zero Carbon Forum launches Marketplace
The new directory is designed to point hospitality and brewing operators to suppliers offering sustainable products and services
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News
Italian waiters heading for London blocked by minimum salary threshold
Thousands who once came to the city to work will now fall victim to a new regulation which raised the minimum salary threshold for a skilled work visa from £26,000 to £38,700
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News
Greggs makes progress on sustainability targets
The food-to-go retailer has achieved 97.1% of electricity usage across all operations came from renewable sources and maintained over 30% of range as ‘Healthier Choice’ products